Management Thoughts for Entrepreneurs

Entrepreneurs cannot do everything themselves in their companies so they have to assign projects, goals, and objectives, or collectively tasks to various individuals.

Do you have a good system of tracking those tasks? If so, that is a step in the right direction. If not, you need to get a system or process that works for you.

But, more importantly, do you follow-up on the assigned tasks? Do you have a system to track the progress on the various items? Do you have a reminder system?

Assigning tasks is not enough. Monitoring the progress on the completion status of these tasks with regular follow-up is crucial. Otherwise you are sending a message to the employees that you are not going to hold them accountable.

While some employees will take the initiative to report on the progress of the assigned tasks, you need to have a system to hold all people accountable.

Follow up is critical when you delegate tasks to others. Otherwise, don’t always expect results.